ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Tuesday, May 21, 1996 TAG: 9605210062
SECTION: BUSINESS PAGE: B-8 EDITION: METRO
Major freight haulers have Roanoke plans
Two national freight companies - Federal Express Corp. and Great Coastal Express Inc. - on Monday announced plans to move into Roanoke AirPark, a Thirlane Road industrial property next to United Parcel Service and Roanoke Regional Airport. Ralph Williams of Copty & Co. of Roanoke represented the owners of the property, heirs of the Andrews family of Roanoke, in both transactions.
Regional Development Group Inc. of Orlando, Fla., will build a 50,000-square-foot facility to lease to Federal Express, a Memphis, Tenn., air cargo carrier. The facility, on 5 acres, represents an investment of $3million, said Doug Hooker, president of Regional Development.
Quinn Thomas of Woltz & Associates, who represented Great Coastal Express Inc., a Chester, Va., trucking company, said it is buying 15 acres to build a terminal. John Grover, vice president, said Roanoke ``has become a strong market for us. Our customer base is growing, particularly within the mail order industry."
Grover said Great Coastal, now on Plantation Road, would invest $1.5 million in the project.
-Staff report
Bedford to train community leaders
The Bedford Chamber of Commerce plans a Leadership Bedford program to develop and train future community leaders. The program, Sept. 11 through Dec. 3, will focus on history, education, economic development and health care.
The announcement will be made today during a reception to honor chief executive officers of industries in Bedford and Bedford County. The 5 p.m. event at Olde Liberty Station Restaurant is in conjunction with Gov. George Allen's Industry Appreciation Week.
-Staff report
Final office done at Valleypoint Park
Liberty Property Trust said it has finished the fifth and final office building at its Park at Valleypoint on Concourse Drive. BankAmerican Housing Services will move there from smaller space on Electric Road.
The Park is a 10-acre office complex at Valleypoint Corporate Center. Bob Crawford of Liberty Property Trust said future development at Valleypoint likely will be "flex space" for office or warehouse use.
-Staff report
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